BizResearcher | Window Shopper |
10/27/2010 - 11:37 am
Yes, sole proprietors can get loans; however, it will be considered a personal loan since a sole proprietorship is not recognized as a separate business entity apart from you, the owner. Depending on your circumstances, you might consider registering your business as an LLC rather than a corporation. The costs are less and you will still have the protection of the separation of your personal assets and the business's assets.
BizResearcher | Window Shopper | 10/27/2010 - 11:37 am
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